Liberum Capital restated their buy rating on shares of ITV plc (LON:ITV) in a research report report published on Wednesday. The brokerage currently has a GBX 360 ($4.70) target price on the broadcaster’s stock.
ITV has been the topic of several other reports. BNP Paribas reaffirmed a neutral rating and set a GBX 200 ($2.61) price target on shares of ITV plc in a research note on Wednesday, September 28th. Panmure Gordon reaffirmed a buy rating and set a GBX 315 ($4.11) price target on shares of ITV plc in a research note on Tuesday, July 26th. Morgan Stanley reaffirmed an equal weight rating and set a GBX 240 ($3.13) price target on shares of ITV plc in a research note on Thursday, September 1st. Numis Securities Ltd reaffirmed an add rating and set a GBX 230 ($3.00) price target on shares of ITV plc in a research note on Thursday, July 28th. Finally, Goldman Sachs Group Inc. reaffirmed a buy rating and set a GBX 218 ($2.85) price target on shares of ITV plc in a research note on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 249.42 ($3.26).
Shares of ITV plc (LON:ITV) opened at 173.00 on Wednesday. ITV plc has a 52 week low of GBX 141.00 and a 52 week high of GBX 279.10. The stock’s market capitalization is GBX 6.94 billion. The company’s 50-day moving average is GBX 195.01 and its 200 day moving average is GBX 206.32.
The firm also recently disclosed a dividend, which will be paid on Monday, November 28th. Shareholders of record on Thursday, October 27th will be issued a GBX 2.40 ($0.03) dividend. This represents a yield of 1.22%. The ex-dividend date is Thursday, October 27th.
In other ITV plc news, insider Peter Bazalgette acquired 11,875 shares of the firm’s stock in a transaction on Friday, September 30th. The stock was purchased at an average price of GBX 183 ($2.39) per share, with a total value of £21,731.25 ($28,366.07). Also, insider Crozier,Adam sold 500,000 shares of ITV plc stock in a transaction on Monday, September 12th. The stock was sold at an average price of GBX 200 ($2.61), for a total transaction of £1,000,000 ($1,305,312.62).